OT

Ruth altered the salary structure of the game - via a trickle-down effect. His highest salary was $80,000 annually in 1930 and 1931. He suffered a $5,000 pay cut in 1932 despite hitting .373, leading the majors with a .700 slugging percentage, tying for the lead in homers with 46 and knocking in 163 runs in 1931.


When the Red Sox sold Ruth to the Yankees in January 1920, the $100,000 price was twice the amount of any previous player transaction. The deal also included a $300,000 loan secured by a mortgage on Fenway Park, a contractual clause that made the Yankees owners the Red Sox's landlords.

http://espn.go.com/sportscentury/features/00242487.html

OT

1949 The German Volkswagen Beetle was introduced in the US.
(SSFC, 7/20/03, p.A14)
1949 Feb 7, Joe DiMaggio of the NY Yankees became the 1st $100,000/year baseball player.
(MC, 2/7/02)
1974 Mar 2, US 1st class postage stamps jumped from 8-to-10 cents.
(HC, Internet, 2/3/98)

http://timelines.ws indicate:

Must have been about 1950

I understand that your model reacts. The question is what parameters do you use to trigger the sell signal. e.g. is it a specific %drop in price and or volume?

How does your TA trigger a sell signal, either short term or long term?

OT
How about using OT for the baseball junk that has nothing to do with Hartcourt.

OT: Right. On both counts.

OT: From www.timelines.ws

1969 Nov 13, Speaking in Des Moines, Iowa, Vice President Spiro T. Agnew accused network television news departments of bias and distortion, and urged viewers to lodge complaints.
(AP, 11/13/97)
1970 Nov 13, VP Spiro Agnew called TV executives "impudent snobs."
(MC, 11/13/01)
1970 Dr. Hale E. Dougherty (d.2002) began marketing a Spiro Agnew wristwatch. It was a re-sult of the current joke: "Did you know that Mickey Mouse wears a Spiro Agnew watch.
(SFC, 1/3/03, p.A28)
1971 Spiro Agnew, US Vice-President, visited Greece and called the ruling junta the country's best leaders since Pericles. (SFEC, 11/21/99, p.A20)
1973 Aug 8, Vice President Spiro T. Agnew branded as "damned lies" reports he had taken kickbacks from government contracts in Maryland and vowed not to resign. He eventually did resign.
(AP, 8/8/97)
1973 Dec 6, House minority leader Gerald R. Ford was sworn in as vice president, succeed-ing Spiro T. Agnew. Agnew, vice president to President Richard M. Nixon, resigned from his of-fice and pleaded no contest to one charge of income tax invasion in return for the dropping of all other charges. Agnew, the only US Vice President to resign in disgrace, was fined $10,000 and given three year's probation.
(AP, 12/6/97)(MC, 12/6/01)
1974 May 2, Former Vice President Spiro T. Agnew was disbarred by the Maryland Court of Appeals, effectively preventing him from practicing law anywhere in the United States.
(AP, 5/2/97)

2004 Feb 4, Idaho state police said they support a bill that would require DNA samples to be taken from convicted burglers. The Legislature and Gov. Kempthorne would have to approve the proposed law.
(USAT, 2/5/04, p.6A)

I would add another 5% and use the money to buy Hartcourt shares in a daughter account. That way she'll be able to pay off her debt real soon and get a new Infinity.

First figure out the local rate of real estate inflation and add that to the local rate of vehicle depreciation. Spread the sum over the expected life of the vehicle and divide by that number. Now estimate the amount of profit you might make using the cost of the vehicle in terms of Hartcourt shares. Add this potential gain to the number of years the vehicle is expected to be used. Take the number of years you expect to live from insurance tables and use that as the number of years to apply to the above calculated rate until the cost of the vehicle is recovered along with the foregone, expected gain in Hartcourt.
Do not forget to include all expected future splits and distributions of Hartcourt assets.
You might also want to figure in adjustments peculiar to your personal circumstances.

Good luck!

Larry, I think TA is pretty worthless, but it's your thing, go ahead and post.

That would be nice. I'll buy on that rumor of a rally prior to the forum.

What happens at 4 PM Friday?

Carl Landwehr, Ph.D., coordinates the new Cyber Trust theme in the Computer and Information Science and Engineering Directorate of the National Science Foundation. He is on assignment from his position as Senior Research Scientist at the University of Maryland's Institute for Systems Research. For many years he conducted research in security flaw taxonomies, secure message systems, and security gadgets at the Naval Research Laboratory, and he served as a Senior Fellow at Mitretek systems, advising DARPA program managers on information assurance and survivability programs. His current research interests span many aspects of trustworthy computing, including high assurance software development, understanding software flaws and vulnerabilities, token-based authentication, system evaluation and certification methods, multilevel security, and architectures for intrusion tolerant systems. Dr. Landwehr is Associate Editor-in-Chief of IEEE Security and Privacy magazine and is a member of the Advisory Board of the International Journal for Information Security, and he chairs the government's Infosec Research Council.

Last year it was on March 31.

PMD:
If you can afford to hold another 6 months, I suspect that you will be in much better shape than today. At that point you may not not have to sell everything. If you absolutely need to raise cash in the mean time, wait for good news and sell packets just large enough for immediate needs. Divide your current holdings by 6 and raise cash on a monthly basis as good news breaks.
Good luck!

I noted the Jan 26, 2004, signing date by Sousa and added it to the timeline.

Due to the recent news and many new board readers, here is an updated Wave Systems Timeline:

Wave news archive at http://www.wave.com

1988 Wave Systems began developing interoperable trusted technologies combining security features for hardware and software. Peter Sprague founded Wave Systems.
(http://www.wave.com) (IHub, #23768, 12/21/03)

1990 Victor Shear founded InterTrust.
(IHub, #21309, 11/30/03)

1994 Aug 31, The original prospectus from the WAVX IPO was posted. The prospectus states there is no public market for WAVX Class A Common Stock prior to the IPO offering of 3,600,000 shares.
(IHub, #22477, 12/10/03)

1997 Aug 26, Nasdaq Stock Market, Inc. advised Wave that it no longer meets the Nasdaq Stock Market, Inc.'s listing requirements with respect to net tangible assets.
(www.wave.com)
1997 Oct 2, Nasdaq granted Wave a listing on The Nasdaq SmallCap Market following Wave's September 11th hearing before a Nasdaq Listing Qualifications Panel.
(www.wave.com)
1997 Dec 18, Wave Systems Corp announced an agreement with IBM Corporation to find ways to inexpensively incorporate Wave Systems' WaveMeter® chip into PC products.
(www.wave.com)

1998 Jun 11, Aladdin exercised a warrant to purchase 1,000,000 registered shares of Wave Systems Corp. Class A Common Stock, yielding gross proceeds of $2,550,000 to Wave.
(www.wave.com)
1998 Jun 15, Wave announced an agreement with Interactive Magic, a leading developer and publisher of interactive strategy and simulation games, to distribute Interactive Magic's software titles through Wave's innovative WaveSystem.
(www.wave.com)
1998 cJun, CRN article.
(JV, IHub, 11/29/03)

1999 May, Wavexpress, Inc., a joint venture formed by Wave Systems Corp. and Sarnoff Corporation, was founded to develop secure distribution channels for IP content over broadband networks.
(www.wavexpress.com)
1999 May, Relisting.
(JV, IHub, 11/29/03)
1999 Nov 23, Intel patent # 5,991,399. Method for securely distributing a conditional use private key to a trusted entity on a remote system.
(IHub, #20489, 11/24/03)
1999 Dec 13, Article on Wavoids: Danmny Hakim, Smartmoney.com. "Steven K. Sprague, the 36-year-old president and chief operating officer of Wave Systems..."
(IHub, #28868, 2/6/04)
1999 Compaq, Hewlett-Packard, IBM, Intel and Microsoft established the Trusted Computing Platform Alliance (TCPA) in an effort to define and promote the goal of trustworthy computing.
(http://www.unclever.com/wavx/DD.htm)

2000 Mar 21, Intel patent # 6,041,122. Method and apparatus for hiding crytographic keys utilizing autocorrelation timing encoding and computation.
(IHub, #20489, 11/24/03)
2000 Mar, AMD announcement.
(JV, IHub, 11/29/03)
2000 Jun 9, Wavexpress, a new technology company providing e-commerce and data broadcasting services to digital TV broadcasters, content providers and consumers, today announced the appointment of Andy Lippman, Associate Director and Senior Research Scientist at the Massachusetts Institute of Technology's Media Laboratory, to its Board of Directors.
(IHub, #26272, 1/14/04)
2000 Oct 24, Wave Patent # 6,138,239. "A method and system for secure transactions. The method and system comprise a security co-processor and an interface for interfacing the security co-processor to a host computer system." This may cover Microsoft's NGSCB architecture in its entirety
(IHub, #21260, 11/30/03)
2000 Dec 19, Wave Systems Corp. and InterTrust Technologies Corporation (ITRU) announced today that they are collaborating to create the industries' premier high-end digital rights management solution, using Wave's EMBASSY® Trusted Client programmable hardware system, as the newest platform in the recently announced InterTrust RightsChip family.
(IHub, #25184, 1/6/04)

2002 May 14, Wave Systems 1Q02 quarterly conference call.
(IHub, #22493, 12/11/03)
2002 Jun 4, Intel patent # 6,401,208. "Method for BIOS authentication prior to BIOS execution."
(IHub, #20489, 11/24/03)
2002 Jun 23, Leak on Palladium. The Microsoft infrastructure formerly known as Palladium and in 2003 called by the awkward acronym NGSCB (pronounced "ing-scub," short for Next-Generation Secure Computing Base).
(IHub, #21292, 11/30/03)(IHub #20416, 11/24/03)
2002 Jun 24, Wave Systems share holders meeting.
(IHub, #21292, 11/30/03)
2002 Jun 26, Palladium is the code name for a set of features in an upcoming version of Windows... It is a new breed of hardware with new capabilities in the operating system, and over time new applications and services... it will provide some very significant things in the way of security, personal privacy, and system integrity.
(IHub, #21307, 11/30/03)
2002 Aug 8, Wave Systems 2Q02 quarterly conference call.
(IHub, #22493, 12/11/03)
2002 Aug 19, Tarari, a start-up chip company that was spun out of semiconductor giant Intel, announced that it has received $13 million in its first round of venture funding. The San Diego company is developing so-called content processors, which are designed to speed up specific network-based software applications. The chips will help speed up software such as anti-viral programs that can dramatically slow down a corporate network.
(IHub, #21363, 11/30/03)
2002 Nov 11, Wave Systems 3Q02 quarterly conference call.
(IHub, #22493, 12/11/03)
2002 Nov 18, Wave Systems, a developer of hardware solutions and services for secure and trusted Internet commerce, announced a complete suite of secure EMBASSY™ services for National Semiconductor’s TCPA compliant SafeKeeper™ technology used in its PC21100 trusted platform module (TPM) and software stack. Wave’s solution, when combined with National’s SafeKeeper technology, provides servers, and desktop PC and mobile PC platforms, with a suite of secure services. This suite of services adds value and new revenue opportunities, through the sale of the suite of service solutions, to the PC platform, while providing enhanced security and privacy options for consumers.
(IHub, #22302, 12/8/03)

2003 Mar 28, Wave Systems and National Semiconductor Approve Licensing Agreement on Hardware and Software Solution for Trusted Computing Platforms.
(http://www.unclever.com/wavx/DD.htm)
2003 Mar 31, Wave Systems 4Q02 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 Mar 31, Peter Sprague announced his resignation as a director of Wave Systems.
(IHub, #24522, 12/29/03)
2003 Apr 8, AMD, HP, IBM, Intel and Microsoft today announced the formation of a new industry group dedicated to embedding trust and security more broadly into computing platforms and devices. The Trusted Computing Group (TCG) will work to create open standards that can be adopted for use in products and solutions across the spectrum of computing, including PCs, PDAs, servers and digital phones, to enable secure and trusted computing that can protect data, privacy, and individual rights. Wave joined TCG. There were only 11 companies initally invited to TCG, WAVE, being one of them, of course.
(http://www.unclever.com/wavx/DD.htm)(IHub, #24287, 12/26/03)
2003 Apr 10, Wave Systems Announces Secure Services Support For IBM ThinkPad Notebooks and NetVista Desktops, the Industry’s First Trust Infrastructure Services for TCG Platforms Using EMBASSY® Trust Services to be Demonstrated at RSA Conference 2003.
(http://www.unclever.com/wavx/DD.htm)
2003 May 15, Wave Systems 1Q03 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 May 27, After extending the due date on the loan in 2002, WAVX approved a bonus (to Feeney), "in an amount equal to Mr. Feeney's obligations with respect to such loan and accrued interest," according to Wave's 2003 Schedule 14(a) proxy filing. Feeney repaid the loan with the funds from the bonus." "Wave made a loan of $250,000 to the company's chief financial officer, Gerard Feeney, in 2001 so he could pay capital-gains taxes on exercised Wave stock options.
(IHub, #28955, 2/6/04)
2003 Jul 25, Wave closed at $.86.
(IHub, #23649, 12/19/03)
2003 Jul 31, Wave Systems announced an agreement with Intel Corporation that will help enable both companies to accelerate the development and deployment of trusted applications and services for safer computing on personal computer platforms.
(JV, IHub, 11/29/03)(http://www.unclever.com/wavx/DD.htm)
2003 Jul 31, After opening at $1.03 on July 31 it closed at $2.25 the same day, and went on to finish at a two-year high of $4.53 on Aug. 5.
(IHub, #23373, 12/19/03)
2003 Aug 4, Reuters said that Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. (corrected by Reuters on Dec 19) "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)
2003 Aug 4, Wave Systems' stock, among the most actively traded and top percentage gainers on Nasdaq, was up 28.8 percent, or $1.05 cents, at $4.70.
(IHub, #23416, 12/19/03)
2003 Aug 5, Wave Systems reached a high of 5.24.
(IHub, #23463, 12/19/03)
2003 Aug 5, Wave Systems Has Not Inked Deal With IBM. WAVX Wave Systems Corp. (WAVX) stated that its security software is compatible with International Business Machines Corp.'s (IBM) embedded security subsystem. (A story that ran at 1:04 p.m. EDT incorrectly stated that Wave Systems has an actual deal with IBM.)
(IHub, #23822, 12/21/03)
2003 Aug 5-6, Wave Systems has received $3.6 million in cash, with $1 million of that coming as a loan repayment from its former chair, Peter Sprague. The remainder came from shareholders who exercised options to buy 1.189 million shares at strike prices between $1.09 to $4.08 per share. Among those exercising options were CEO Steven Sprague, for 150,000 shares at a strike price of $2.01. He sold all of the underlying shares. Sprague had received options in 2002 with 252,500 underlying shares. CFO Gerard Feeney sold 100,000 shares, after receiving options with 150,000 underlying shares.
(IHub, #23472, 12/19/03)(IHub, #23681, 12/19/03)
2003 Aug 6, The share price of Wave (WAVX) slumped by nearly 31%, a drop of $1.39 on the day, and it's all being put down to a report by a US hack. According to Ellen Sheng of Dow Jones Newswires, its auditor KPMG said that it was doubtful it could continue as a going concern beyond the second quarter of 2003.
(IHub, #23470, 12/19/03)
2003 Aug 7, Wave Systems said it expected to receive $2.6 million from the exercise of share options by current and former employees, and another $1 million owed by Peter Sprague. The elder Sprague had been extended that amount in loans by Wave's board of directors in 2001, but had defaulted on the scheduled repayments.
(IHub, #23768, 12/21/03)
2003 Aug 8, Wave Systems 2Q03 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 Mar 31, Wave Systems announced that Peter Sprague had repaid a loan of $1 million.
(IHub, #24522, 12/29/03)
2003 Oct 14, Intel patent # 6,633,981. Electronic system and method for controlling access through user authentication.
(IHub, #20489, 11/24/03)
2003 Oct 22, Wave Systems Corp. announced today that Wave’s bundled trusted applications and services software security suite for safer computing is now shipping.
(IHub, #24455, 12/28/03)
2003 Nov 13, Wave Systems 3Q03 quarterly conference call. The company reported net revenue from development service and license contracts of $80,000, compared to third-quarter 2002 revenue of $70,000. It reported a net loss to common shareholders for the quarter of $8.3 million. Net revenue for the first nine months was $130,000, compared to $393,000 in revenue during the same period last year. The net loss to common shareholders for the first nine months was $21 million, compared to $33.6 million last year, Wave reported. The company said it had $6 million in cash, enough to fund operating, sales, marketing and development activities until February.
(IHub, #22493, 12/11/03)(IHub, #23768, 12/21/03)
2003 Nov 19, Wave completed $7.1 million private placement financing with a group of institutional and accredited investors.
(www.wave.com)
2003 Nov 24, Wave Systems To Present Trusted Computing Strategy at Red Herring Fall 2003 Conference in Monterey, California.
(www.wave.com)

2003 Dec 1, Grantsdale chipset, scheduled for release in the first half of 2004, will allow users to run wireless networks from their PCs.
(IHub #21498, 12/1/03)

2003 Dec 8, Seoul-based content management company XMedia announced today that it has been selected by CyberKAIST to provide technology for delivery of online courseware. XMedia has chosen Wavexpress, majority owned by Wave Systems Corp. (WAVX:NASDAQ), as the technology platform provider to ensure secure broadband distribution of the courseware. Wavexpress delivers full-screen, DVD-quality digital content over broadband networks.
(IHub, #22213, 12/8/03)

2003 Dec 8-10, Wave Systems Corp. demonstrated a range of Trusted Computing security and business productivity solutions at the Inside ID Conference, Washington, D.C.
(IHub, #21707, 12/3/03)

2003 Dec 17-18, SEC said it had begun a formal probe of Wave Systems Corp., a maker of security software. Wave said the Securities and Exchange Commission had launched a formal investigation of the company. The probe by the U.S. financial watchdog relates to certain public statements the company made around August 2003, as well as certain trading in the companies securities around this time.
(Reuters, 12/18/03)

2003 Dec 19, Wave Systems closed at 1.50. Reuters issued correction of Aug 4 article. Original: Reuters said Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. Corrected to: "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)

2004 Jan 14, Wave Systems closed at 2.18.
(WSJ, 1/15/04)

2004 Jan 15, SSP Solutions, Inc. (NasdaqNM:SSPX), a leading provider of identity and information assurance products and services, today announced a strategic partnership with HID Corporation, the premier manufacturer of contactless access control readers and cards for the security industry. Wave had about 3.9 million shares of sspx.
(IHub, #26308, 1/15/04)(IHub, #26311, 1/15/04)

2004 Jan 23, Class-action suit filed against WAVX by Marcello Trebitsch. News made public Feb 4.
(IHub, #28421, 2/5/04)

2004 Feb 4, Milberg Weiss class action suit against WAVX announced.
(IHub, #28316, 2/4/04)

2004 Feb 6, The number of employees at WAVX is about 90.
(IHub, #28933, 2/6/04)

2004 Feb-Mar, Wave 4Q03 report expected.

2004 Q1, The new Pentium 4 processors code-named Prescott to be released. Intel will build LaGrande technology into chips beginning with the upcoming Prescott CPU and support chipset. LaGrande technology will provide capabilities such as protection of secure memory even from DMA (direct memory access) engines. LaGrande is a security engine that is built into Intel Prescott CPUs and chipsets, expected in the second half of the year. It aims to protect a system's data in ways software-based solutions currently can't offer. The technology will isolate data by setting up "virtual vaults" in hardware that are less vulnerable to viruses or hackers, while also separating applications so contaminations can't be spread from one software program to another.
(IHub #20416, 11/24/03)(IHub #22133, 12/7/03)

2005 Longhorn represents Microsoft's best assessment of how computing will evolve and may be ready about this time, though some say 2006-7. Longhorn w/ NGSCB could be a siginificant driver for the adoption of trusted computing.Longhorn has three major components: Avalon, which is the user interface; WinFS, the new file system that is based on metadata; and Indigo, the communications system that will include middleware to pass messages back and forth among different Web services, their objects and components. So a developer will no longer need to understand exactly how everything works.
(IHub, #21276, 11/30/03)(IHub, #21294, 11/30/03)(IHub, #22501, 12/11/03)

Re: Can we file a class action lawsuit against Milberg Weiss??

I 2nd that.

OT:
That's not in my files.
And I'm not a Yaley,
So you've got me stumped.

OT
From the Timelines of History: http://timelines.ws

1971 Apr 14, President Nixon ended a blockade against People's Republic of China.
(MC, 4/14/02)
1971 Jul 9, Henry Kissinger visited China PR.
(MC, 7/9/02)
1971 Oct 25, The UN General Assembly voted to admit the People’s Republic of China and expel Nationalist China (Taiwan).
(WUD, 1994, p. 1688)
1971 Nov 23, The People's Republic of China was seated in the U.N. Security Council. [The UN vote to admit was Oct 25]
(WUD, 1994, p. 1688)(AP, 11/23/97)
1972 Feb 17, President Nixon departed on his historic 10-day trip to China.
(AP, 2/17/98)(SSFC, 6/9/02, p.F7)
1972 Feb 21, President Nixon began his historic visit to China.
(AP, 2/21/98)
1972 Feb 22, President Nixon met with Mao Tse-tung in Peking and Chinese Premier Chou En-Lai in Beijing.
(HN, 2/22/98)(MC, 2/22/02)
1972 Feb 27, President Nixon and Chinese Premier Chou En-lai issued the Shanghai Com-munique at the conclusion of Nixon's historic visit to China.
(AP, 2/27/98)

OT,

No. Tom used my site a lot and promised to send my a version of his final product, but I never received it. I still maintain a link to his work on the T of H site.

OT

I've summarized that 1982 event as follows below for entry into the Timelines of History (http://timelines.ws). On Jun 17, 1982, Pres. Reagan made his UN "evil empire" speech.


1982 Jun, "Farewell," a C.I.A. campaign of computer sabotag, stayed secret because the blast, estimated at three kilotons, took place in the Siberian wilderness, with no casualties known. "The pipeline software that was to run the pumps, turbines and valves was programmed to go haywire," writes Reed, "to reset pump speeds and valve settings to produce pressures far beyond those acceptable to the pipeline joints and welds. The result was the most monumental non-nuclear explosion and fire ever seen from space." "At the Abyss," by Thomas C. Reed, was published by Random House in 2004.
http://www.nytimes.com/2004/02/02/opinion/02SAFI.html

Don't GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO Civet Cats

Bela I ARPAD (MAGYAR) (King) of HUNGARY

from the link he dates at 1016-1063

The geneology is interesting, but I do not think it is historically significant.

Closer to where we want to be
And farther from where we started!

I will post this famous person link at the top of the Hungary file.

Lugan

OK pennyking,

Your contributions will soon qualify you as chief of the Hungary file! I will post credit for your efforts in the next newsletter.

Lugan

Excellent stuff pennyking. Your 1st format was best. The 2nd I'll have to sift and shorten for entry to the TL.

Thanks,
Lugan

Good show pennyking. Is there onbe standard reference that you used for all the items. I need to attach a ref source to everything. If its all from one book, a page # would be great.

Lugan

Infinity squared is equal to infinity!

A little research provided the following:

Your Web site has a page titled "A Hundred Years Ago", reprinted from a book alled "When My Grandmother Was a Child"
by Leigh W. Rutledge.

http://www.namvets.com/Reading/a_hundred_years_ago.htm

This is one of those "historical" background stories that float around the Internet and genealogy lists from time to time without
anyone fact checking them.

The average life expectancy in the U.S. was 47-years.

Actually, 49.2 years at the beginning of the century. High incidence of infant mortality affected that. If you lived to adulthood,
you would live on average more than a decade longer than 49.2 years.


Only 8% of U.S. homes had a telephone. (A 3-minute call from Denver to New York City cost $11.00!)

A telephone call over that distance was not possible in 1902. Before the invention of the vacuum tube amplifier in 1906, the
maximum long distance call was about 1,500 miles. AT&T's long distance network did not reach Denver until 1911.

Sources:
http://www.privateline.com/TelephoneHistory2/History2.html
http://www.att.com/technology/features/history010126.html


There were only 8,000 cars in the U.S. and only 144 miles of paved roads.

An absurdly low number of miles, even in 1902. One square mile of a downtown urban area alone would contain, on
average, a grid of 24 miles of paved roads (do the math: there would be 12 miles of north-south streets, and 12 miles of
east-west streets, if each street were separated by one block, and there were 12 blocks in a mile).

Cities of 30,000+ population in 1902 contained, on average, 113.3 miles of paved road.

Source: Troesken & Beeson (2001), p. 25, Table 3.
http://www.nber.org/books/healthandlabor/troesken7-16-01.pdf


There were about 230 reported murders in the entire U.S.

The homicide rate in the U.S. in 1902 was 1.2 homicides per 100,000 population, or about 953 homicides in the U.S. -- more
than four times 230.

Source: U.S. Dept. of Justice, Bureau of Statistics
http://www.ojp.usdoj.gov/bjs/glance/hmrt.htm


Steve Dhuey
walloon@mailbag.com

Would you please quote the source for your 1903 stats?
Thanks

Transferring software programs from Windows 98 to XP is a HUGE headache. Best to start with fresh XP compatible programs and then work on transferring data.

More important is to know which way the storm is heading and wether or not the ship is capable of withstanding bad weather.

Good point: The 2 entries now read as follows:

2003 Aug 4, Reuters said that Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. (corrected by Reuters on Dec 19) "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)

2003 Dec 19, Wave Systems closed at 1.50. Reuters issued correction of Aug 4 article. Original: Reuters said Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. Corrected to: "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)

Reference points. The timeline:

2003 May 15, Wave Systems 1Q03 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 Jul 25, Wave closed at $.86.
(IHub, #23649, 12/19/03)
2003 Jul 31, Wave Systems announced an agreement with Intel Corporation that will help enable both companies to accelerate the development and deployment of trusted applications and services for safer computing on personal computer platforms.
(JV, IHub, 11/29/03)(http://www.unclever.com/wavx/DD.htm)
2003 Jul 31, After opening at $1.03 on July 31 it closed at $2.25 the same day, and went on to finish at a two-year high of $4.53 on Aug. 5.
(IHub, #23373, 12/19/03)
2003 Aug 4, Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. (corrected by Reuters on Dec 19) "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)
2003 Aug 4, Wave Systems' stock, among the most actively traded and top percentage gainers on Nasdaq, was up 28.8 percent, or $1.05 cents, at $4.70.
(IHub, #23416, 12/19/03)
2003 Aug 5, Wave Systems reached a high of 5.24.
(IHub, #23463, 12/19/03)
2003 Aug 5-6, Wave Systems has received $3.6 million in cash, with $1 million of that coming as a loan repayment from its former chair, Peter Sprague. The remainder came from shareholders who exercised options to buy 1.189 million shares at strike prices between $1.09 to $4.08 per share. Among those exercising options were CEO Steven Sprague, for 150,000 shares at a strike price of $2.01. He sold all of the underlying shares. Sprague had received options in 2002 with 252,500 underlying shares. CFO Gerard Feeney sold 100,000 shares, after receiving options with 150,000 underlying shares.
(IHub, #23472, 12/19/03)(IHub, #23681, 12/19/03)
2003 Aug 6, The share price of Wave (WAVX) slumped by nearly 31%, a drop of $1.39 on the day, and it's all being put down to a report by a US hack. According to Ellen Sheng of Dow Jones Newswires, its auditor KPMG said that it was doubtful it could continue as a going concern beyond the second quarter of 2003.
(IHub, #23470, 12/19/03)
2003 Aug 8, Wave Systems 2Q03 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 Oct 14, Intel patent # 6,633,981. Electronic system and method for controlling access through user authentication.
(IHub, #20489, 11/24/03)
2003 Nov 13, Wave Systems 3Q03 quarterly conference call.
(IHub, #22493, 12/11/03)
2003 Nov 19, Wave completed $7.1 million private placement financing.
(www.wave.com)
2003 Nov 24, Wave Systems To Present Trusted Computing Strategy at Red Herring Fall 2003 Conference in Monterey, California.
(www.wave.com)

2003 Dec 1, Grantsdale chipset, scheduled for release in the first half of 2004, will allow users to run wireless networks from their PCs.
(IHub #21498, 12/1/03)

2003 Dec 8, Seoul-based content management company XMedia announced today that it has been selected by CyberKAIST to provide technology for delivery of online courseware. XMedia has chosen Wavexpress, majority owned by Wave Systems Corp. (WAVX:NASDAQ), as the technology platform provider to ensure secure broadband distribution of the courseware. Wavexpress delivers full-screen, DVD-quality digital content over broadband networks.
(IHub, #22213, 12/8/03)

2003 Dec 8-10, Wave Systems Corp. demonstrated a range of Trusted Computing security and business productivity solutions at the Inside ID Conference, Washington, D.C.
(IHub, #21707, 12/3/03)

2003 Dec 17-18, SEC said it had begun a formal probe of Wave Systems Corp., a maker of security software. Wave said the Securities and Exchange Commission had launched a formal investigation of the company. The probe by the U.S. financial watchdog relates to certain public statements the company made around August 2003, as well as certain trading in the companies securities around this time.
(Reuters, 12/18/03)

2003 Dec 19, Wave Systems closed at 1.50. Reuters issued correction of Aug 4 article. Original: Wave Systems said it had agreed to a deal with IBM to embed its software inside selected IBM notebook and desktop computers, marking the latest in a string of deals for the tiny company. Corrected to: "a deal with IBM in which its software would be compatible with selected IBM notebook and desktop computers."
(IHub, #23431, 12/19/03)(Reuters, 8/4/03)(IHub, #23685, 12/19/03)(Reuters, 12/19/03)

I have to 2nd go-kitesurf on this. I am also Lithuanian in SF and there are major Lith. communities spread around the globe that would take advantage of such technology. This would also apply to many other ethnic goups, Latvians, Estonians, Jews, Arabs, the list is only limited by the number of ethnic groups and countries spread around the globe.

Internet services company Yahoo Inc. (Nasdaq:YHOO - news) on Friday said it is working on technology to combat e-mail spam by changing the way the Internet works to require authentication of a message's sender.

Yahoo said its "Domain Keys" software, which it hopes to launch in 2004, will be made available freely to the developers of the Web's major open-source e-mail software and systems.

Spam -- unwanted Internet e-mail, direct advertising, body part enlargement, and other commercial endeavors on the Web -- has quickly become Web surfers' Public Enemy No. 1 as inboxes around the globe are clogged with hundreds of such messages daily.

Governments around the world are working on legislation to reduce spam, but in the interim a number of companies have stepped in with technology proposals designed to filter and block the electronic detritus.

Under Yahoo's new architecture, a system sending an e-mail message would embed a secure, private key in a message header. The receiving system would check the Internet's Domain Name System for the public key registered to the sending domain.

If the public key is able to decrypt the private key embedded in the message, then the e-mail is considered authentic and can be delivered. If not, then the message is assumed not to be an authentic one from the sender and is blocked.

"One of the core problems with spam is we don't know, Yahoo doesn't know, the user doesn't know ... if it really came from the party who it says it came from," Brad Garlinghouse, vice president for communication products at Yahoo, told Reuters. "What we're proposing here is to re-engineer the way the Internet works with regard to the authentication of e-mail."

While it might seem that Yahoo would need essentially all of the world's e-mail systems on board with Domain Keys for it to work, Garlinghouse said the technology would work if even a few major providers adopt it.

"If we can get only a small percentage of the industry to buy in, we think it can have a dent," he said.

Andrew Barrett, executive director of the SpamCon Foundation, an anti-spam organization, said Yahoo's sheer size in online e-mail would give the technology a boost.

"The fact that Yahoo, one of the four big players in the space, is making it happen gets it a long way there," he told Reuters. "It's a great tool to have in the toolbox."

Garlinghouse also argued that Yahoo's proposal should be attractive to other e-mail providers because it is free and comes with no special restrictions.

"You look at a lot of the proposals for spam management out there (and) they king-make," he said. "Are we trying to propose something that benefits us disproportionately? Not at all."

SpamCon's Barrett cautioned, though, that implementation would not be without its costs.

"It's a good approach for those that are willing to use it," he said. "Any kind of cryptographic solution is going to involve some computing overhead, and that's not cheap."

Suppose that in a few months I buy a new PC with a TPM, perhaps from HP. Would I get something bundled with the PC to contact Wave to activate security features?
Suppose that Wave SW came with the bundle and I installed it activated it for an additional fee.
Where does this put me? Do I now have a safer home system? Are my bank transactions more secure? Will I have to pony up annual fees to maintain these security features? Do people foresee that such secure PCs will become a required feature for Internet transactions.
Are such questions premature?